Liquidated damages Essays

  • Liquidated Damages

    778 Words  | 2 Pages

    When a breach of contract occurs, there must be a remedy of damages. This is the payment in one form or the other for a breach of contract by the breaching party, to the non-breaching party. There are various kinds of remedies, which include; Compensatory damages, Punitive damages, and Liquidated damages. In the law of contract, when a breach of contract occurs, the non-breaching party has to do all he/she can in order to minimize the damages caused by the breach. However, some contracts contain provisions

  • Liquidated Damages and Building Contracts: An Analysis

    1489 Words  | 3 Pages

    Introduction Liquidated damages is a term commonly found in every standard form of building contract, which requires one party who has been in breach of contract to pay the innocent party of the contract a pre-estimated sum of money. Without the clause of liquidated damages in the contract, it takes much longer time and effort to prove the contractual obligation of the defendant to the plaintiff in the event of breach of contract. This is particularly important to construction industry, where chances

  • Parmigiano Cheese Case Study

    1434 Words  | 3 Pages

    A) Monteverdi could seek the following damages for the scenario in question 2: compensatory damages, so that Monteverdi can be reimbursed for the amount she spent on the cheese. In addition, Monteverdi could sue for monetary loss. Monteverdi ran a catering business and a gourmet shop, her business ran on selling only organic

  • Example Of A Claimant Essay

    865 Words  | 2 Pages

    The purpose of damages is to put the claimant party into the financial point they were in prior to entering the contract that caused the problem. It is a monetary sum set by the court to reimburse the claimant. Therefore the innocent party must show that they have suffered actual loss, if this can’t be proved then they will only be entitled to nominal damages. To award the claimant for damages, the court has to think about two things: Remoteness – for example the consequence of the breach is the

  • Remedies for Breach of Contract

    869 Words  | 2 Pages

    Remedies for breach of contract Contrary to what most people might think, the solution for breach of contract is not designed to punish the guilty party, instead it is to protect and preserve the rights and reasonable expectations of the party seeking reimbursement. The purpose of the contract law is that in the event of one party not fulfilling their obligation towards the other party, the party harmed will be compensated for its losses. In most cases the standard solution for breach of contract

  • Breach Of Contract And Remedies

    1669 Words  | 4 Pages

    to receive from the party who has broken the , contract compensation for any loss or damage caused to him by whch the natural course of things from such breach or which the parties knew when they made the contract ,to be likely to result from breach of it , such compensation is not to be given by the any remote loss or the damage sustained by the reason of breach. Explanation –In estimating2 the loss or damage arising in the breach of the contract the means which are existed of remedying this inconvenience

  • Father Child Relationships in The Chosen, Dead Bodies Everywhere, and Sherwood Anderson's Tandy

    652 Words  | 2 Pages

    also show how this type of dysfunctional father-child relationship can lead to the child finally disavowing their father and previous life. The Chosen, "Dead Bodies Everywhere", and "Tandy" all show Fathers that try to change their children, the damage caused by this effort, and finally the total renunciation by the child of their previous life. In The Chosen, "Dead Bodies Everywhere", and "Tandy" the major factor in a dysfunctional father-child relationshi...

  • At a Loss for Words

    1400 Words  | 3 Pages

    Language has been instilled in us ever since we were babies inside our mother’s womb. We often take language for granted since most of us have never had to live a life of silence. It is perhaps because of this that people who have suffered brain damage caused by strokes, gunshot wounds, brain tumors, or other traumatic brain injuries feel a loss of self when they lose their ability to speak (1) . If we can’t talk then we can’t communicate right? Wrong. We often speak of our brains being lateralized

  • On the Function and Evolution of Sleep

    1533 Words  | 4 Pages

    studying sleep. It is easy to observe the harm that is done to a human or animal deprived of sleep. A rat prevented from sleeping will lose the ability to maintain body temperature and die in about three weeks, showing no evidence of physiological damage (1). In humans, sleep deprivation impairs thinking and suppresses the immune system. But why this deterioration take place is less clear, and the object of disagreeing theories. This essay will try to explain the function of sleep based on what is

  • Computer Viruses

    1629 Words  | 4 Pages

    As well as replicating, a virus may carry a Damage routine. There is also a set of programs that are related to viruses by virtue of their intentions, appearances, or users likely reactions. For example: ¨ Droppers ¨ Failed viruses ¨ Packagers ¨ Trojans ¨ Jokes ¨ Test files THE DAMAGE ROUTINE Damage is defined as something that you would prefer not to have happened. It is measured by the amount of time it takes to reverse the damage. Trivial damage happens when all you have to do is get rid of

  • Termination Of Employment Case Study

    810 Words  | 2 Pages

    Termination of employment is that time when the employment relationship ends. There are two sorts of occupation terminations. Termination can be voluntary or it can likewise be involuntary. The two of them have a wide distinction. Involuntary termination, the employee ends the work because of acquiescence or retirement. In any other case, an employer can terminate an employee for any cause or without cause. For instance, Employer can ask his employee to leave due to serious absenteeism, open disobedience

  • The Common Law of Employment

    535 Words  | 2 Pages

    The Canadian employment law system consists of three regimes: common law, employment regulation, and collective bargaining agreement (CBA). From these regimes, the common law of employment is one that was created by Judges over centuries in order to regulate the employer-employee relationship. Judges, from lower level to upper level courts have used employment contracts and torts, two tools available to them under the common law system to aid in decision-making with respect to employment law cases

  • Tort Case Study

    942 Words  | 2 Pages

    Law Of Tort This is a fairly unique case in the respect that there was one victim named Imogen who was first hit by a car and secondly run over by a van and was left with a concussion and a lame leg due to somewhat negligent riving skills of two drivers. Secondly there was a pedestrian and a witness to all of this, Gabriel who suffered psychiatric illness after he has rescued the injured child. Since the accident took place in England law of tort would be applicable, which is prevalent in England

  • The Pros And Cons Of Misrepresentation

    614 Words  | 2 Pages

    and House Property Corporation). The state ment must have been one of the factors why BSHC entered the contract and doesn’t need to be the only reason Ediginton v Fitzmaurice. Under the Misrepresentation Act 1967 s 2(1) BSHC may be able to claim damages for negligent misrepresentation. All BSHC will need to do is to establish that there was a misrepresentation and that they have suffered loss. WildeJames will have a difficult task of disproving that BSHC had reasonabl...

  • Williams V Roffey Bros & Nicholls (Contractors) Ltd

    509 Words  | 2 Pages

    The case of Williams v Roffey Bros. & Nicholls (Contractors) Ltd [1991] 1 QB 1 is one of legal significance within the area of consideration. For an agreement to be legally enforceable every contract must be supported by valid consideration, which is a device used by the courts to limit the numbers of promises they can be expected to referee over if/when the parties disagree. In this case, the plaintiff, Mr Lester Williams, was a carpenter employed by the defendants, Roffey Bros., a contractor for

  • Workplace: The Shank V. CRST Case

    942 Words  | 2 Pages

    wanted Bredenburg to be reprimanded and for the sexual conduct to stop. Unfotunately Bredenburg continued harassing her so she decided to take the case to court. The jury came to a verdict awarding Steinhoff $25,000 in compensatory damages, and $250,000 in punitive damages. As you can see sexual harassment in the workplace is alive and well. In most cases if a sexual harassment situation comes up in the workplace a manger will usually fire the harasser although in some instances that isn’t always the

  • The King of Torts

    506 Words  | 2 Pages

    they range from multi million dollar cases (including the bank crisis, or the car business for example) to less severe cases called torts. A tort is a legal term defined as “ A wrongful act that does not include breach of contract. This offense damages the injured parties property or reputation, leaving that party able to gain compensation.” (Dictionary.com) The book The King of Torts is about a man named Clay Carter. He has a stable job, it doesn’t pay as much as he wishes. He in the scheme of

  • Nociception

    1676 Words  | 4 Pages

    dangerous situations, to prevent further damage, and to promote the healing process. Pain allows us to remove ourselves form dangerous situations, as we attempt to move away from noxious stimuli that cause pain. As we attempt to escape stimuli that cause pain after an initial insult on our body, pain can prevent further damage form occurring. Finally, pain promotes the healing process as we take great care to protect an injured body part form further damage as to minimize the experience of more pain

  • Caribbean

    616 Words  | 2 Pages

    established, new cultures and languages were introduced. People tends to only focus on the bright side of the Columbus¡¯s great discover of the new land and colonization of the European countries and can easily forget about the destruction and the damages of the lives of native countries. who were the first Caribbean long before the Columbus¡¯s discovery, were almost wiped out by the cruel invasion of the European countries along with their cultures and their languages. The Europeans seized Caribbean

  • Torte Law

    619 Words  | 2 Pages

    general categories: (1) Damages - monetary compensation for the plaintiff's losses, injury, and/or pain or restitution measures designed to restore the plaintiff's status to what it was prior to the violation of his or her rights, (2) Coercive remedies - requiring a party to do or omit doing a specific act through injunctive relief or a court order of specific performance (3) Declaratory judgment - the court determines individual rights in a specific situation without awarding damages or ordering particular